News and information on bankruptcy and bankruptcy law
By Edward E. Neiger and Marianna Udem | December 14, 2023
This issue of the Bankruptcy Update focuses on recent logistics industry bankruptcy cases of Yellow Corporation and Western Global Airlines.
5 minute read
By Ross Todd | December 13, 2023
Last year we were on point when we said to keep your eyes on mass torts and bankruptcy. Here's where we're focusing our gaze for the year to come.
5 minute read
By Emily Cousins | December 12, 2023
"There was no ambiguity as to their interpretation of the law," John Sodipo said. "This sets the precedent and gives cases similar a path to follow. They're saying the rule of law has got to be respected."
3 minute read
By Kenneth Aulet and Shari Dwoskin | December 8, 2023
This article focuses on the confirmation of BlockFi's Chapter 11 plan, and the lessons learned from the case.
8 minute read
By Amanda Bronstad | December 5, 2023
In a Tuesday motion, Johnson & Johnson said that Beasley Allen principal Andy Birchfield had struck an alliance with one of its former lawyers, James Conlan, at Faegre Drinker Biddle & Reath.
5 minute read
By Hugo Guzman | December 5, 2023
Jason Guberman is sliding into the GC's seat as the company, now with slimmed-down ambitions, fights for profitability.
2 minute read
By Lawrence J. Kotler | December 5, 2023
During the course of their bankruptcy case, the debtors filed a second plan of reorganization (the plan), in which they referenced a potential and unliquidated claim against an entity known as "ED&F Man." Although this "claim" was also listed on the debtors' schedules, no version of the plan or disclosure statement specifically identified the defendant by name or explained the nature of the claim the debtors intended to assert against this entity.
8 minute read
By Victoria Pfefferle-Gillot | December 5, 2023
Bayard restructuring director Ericka F. Johnson spoke on a panel on Dec. 2, at this year's American Bankruptcy Institute (ABI) Winter Leadership Conference held in Scottsdale, Arizona.
1 minute read
By Jimmy Hoover | December 4, 2023
High court members note opioid victims' broad support for the deal despite the federal government's objection.
5 minute read
By Alexander Lugo | November 30, 2023
"The trend in restructuring is that the lawyers are getting much more creative in what options to use to actually restructure businesses, more so than they ever have," said Joe Pack, founding partner of Pack Law.
4 minute read
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